Bitindia: A Cryptocurrency Exchange and Wallet for the Streets of India Backed by John McAfee

BitIndia will be bringing an open source platform which empowers the users to have secure transactions and hold the private keys of the cryptocurrencies on the blockchain nodes.

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Press Release

BitIndia will be bringing an open source platform which empowers the users to have secure transactions and hold the private keys of the cryptocurrencies on the blockchain nodes. The BitIndia wallet will transform the current structure and concept of crypto wallets. While BitIndia wallets aims to make blockchain mainstream in India, the BitIndia exchange will let any layman to buy, sell and understand cryptocurrencies in the easiest and fastest scam free platform ever designed.

The BitIndia wallet aspire to become an essential part of daily routine activities such as buying groceries, paying bills or dining at a restaurant; while using cryptocurrencies as a medium of exchange. BitIndia exchange will let its users to trade on essential cryptocurrencies with the Indian currency. This will not only promote various cryptocurrencies in India but also promote blockchain technology globally.

John McAfee, a renowned computer programmer and business, who founded the software company McAfee Associates in 1987, has also put his faith in BitIndia and has collaborated for partnership and as an advisor to BitIndia.

What BitIndia wishes to achieve

The Indian total population is over 1.2 Billion, but only 0.5% are aware about Bitcoins. The percentage of knowing other cryptocurrencies is even lower. Therefore, the mission of BitIndia is to increase this percentage and bring around 20% of the population into Blockchain within the next 2 years by making them aware about blockchain and digital currencies. And thus, BitIndia envisions to reach out to each individual in India by providing an assured, reliable platform for Bitcoins and other cryptocurrency to trade in India.